High-net-worth individual

The United Arab Emirates is set to attract the most wealth globally for the third consecutive year, according to the Henley Private Wealth Migration Report.

At the same time, the UK will see a 17% decline in the number of millionaires by 2028, according to UBS.

The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said on Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.

Oxfam has revealed that the wealth accumulated by the richest 1 percent of the global population has surged to 42 trillion dollars over the past decade, which is nearly 34 times more than the wealth held by the bottom 50 percent. This finding was disclosed ahead of the G20 finance ministers and central bankers meeting starting today in Rio de Janeiro.

Athens is among the rising centers of wealth, according to this year's edition of the World's Wealthiest Cities study by Henley & Partners, a consultancy on high-income immigration issues.

Türkiye emerged as the frontrunner in the surge of ultra-rich people worldwide last year, according to a report by Knight Frank, a U.K.-based real estate consultancy.

The report, which compares data from 2022 to 2023, defines "ultra-rich" as those with fortunes exceeding $30 million.

Greece trails other Mediterranean EU countries in per capita wealth, according to the 14th edition of the Global Worth Report issued by Swiss Bank UBS, joined this year by Credit Suisse, which it acquired a few months ago. 

There were a total of 82,000 millionaire migrants that left for greener pastures in 2016, with Turkey one of the five countries witnessing the greatest such outflow, according to a fresh survey by New World Wealth.

Turkey now boasts more than 100,000 millionaires, making it the Middle East's top country for the wealthy, according to an expert on high net worth individuals.

Andrew Amoils of the London-based New World Wealth predicted that Turkey would see a 60 percent increase in the number of millionaires living in the country by 2025.

The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million. It was the sixth straight year-on-year increase as rising stock prices lifted the value of personal wealth in a few key countries, according to a report from consultant Capgemini and RBC Wealth Management.